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    OFF-MARKET
    Drive through restaurants

    14515 Laplaisance Rd, Monroe, MI 48161-3852

    3,464 SF 2.15 ac lot Built 1988
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US43-0985733
    Property summary
    AI-generated overview

    This exceptional 0.78-acre commercial land parcel, located at 14515 Laplaisance Rd in Monroe, Michigan, presents a unique investment opportunity. Situated in Monroe County (zip code 48161), this property boasts a highly visible location and is ideal for redevelopment. Previously occupied by a Burger King restaurant, the site offers significant potential for a variety of commercial uses. The land is designated as single-tenant, providing ample space for a new construction project or adaptive reuse. With its convenient location and substantial lot size, this property is well-suited for businesses seeking high visibility and accessibility. The address is easily accessible from Laplaisance Road, providing excellent exposure to a high volume of daily traffic. The property's 0.78 acres offer considerable flexibility in terms of building design and layout. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area of Monroe County. The site is ready for immediate development, offering a streamlined path to establishing a new commercial presence. Serious inquiries are encouraged to explore the possibilities of this prime commercial land. The property is available for both sale and lease. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a strategic location for your next venture.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1988
    Total area 3,464 SF
    Lot 2.15 ac (93,654 SF)
    APN 12-010-234-00
    UPID US43-0985733
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • URB Cannabis Dispensary Monroe (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Laplaisance Group LLC · 4 yrs held
    Laplaisance Group LLC
    since 2022
    3 recorded transactions
    2022
    2020
    $525,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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